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Operating Leases (Tables)
 12 Months Ended
Dec. 31, 2020
Leases [Abstract]  
Carrying Value of Operating Lease Assets
The following table presents the carry value of operating lease assets in the Company's consolidated sheets (in thousands):
20202019
Operating lease assets, net$33,140 $43,616 
Lease, Cost The following table provides details regarding the components of operating lease expense based on the initial term of underlying agreements for the years ended December 31, 2020 and 2019 (in thousands):
20202019
Operating lease expense components:
Leases with initial term of greater than 12 months$12,564 $11,972 
Leases with initial term of 12 months or less4,024 5,906 
Total operating lease expense$16,588 $17,878 
Weighted-average remaining lease term (years)6.8
Weighted-average discount rate5.0 %
Maturities of Operating Lease Liabilities
The following table provides the scheduled maturities of operating lease liabilities as of December 31, 2020 (in thousands):
2021$9,293 
20226,534 
20235,204 
20244,562 
20254,461 
Thereafter13,787 
Total lease payments43,841 
Less: Imputed interest(7,055)
Present value of operating lease liabilities36,786 
Less: Current portion(7,620)
Total long-term operating lease liabilities$29,166